NOT LISTED FOR SALE

263 Sylvan Ln Mill Spring, NC 28756

Estimated Value: $748,000 - $1,223,000

3 Beds
3.5 Baths
4,424 Sq Ft
$237/Sq Ft Est. Value

Last Sold May 31, 2024

Last sale price $950,000 $215 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $5,847/month

129 Days on Market

Highlights

  • Equestrian Center
  • In Ground Pool
  • Cathedral Ceiling
  • Barn
  • Private Lot
  • Wood Flooring

About This Home

As of May 2024

Embrace this extraordinary property on 7.76 gated acres with breathtaking views. This equestrian paradise features a 5-stall horse barn, riding ring & fenced pastures, providing the ideal haven for horse enthusiasts but also provides incredible opportunities for other animals or room to spread out! Indulge in the ultimate relaxation & entertainment with pool & cabana house. Full-brick main residence w/ 3 beds/3.5 baths that exudes timeless elegance w/a covered front porch. Living room boasts vaulted ceilings & cozy fireplace & spacious kitchen has an island perfect for entertaining. The main level features owner suite w/ deck access, laundry, & powder room. Loft/office on the adds versatility to the space.The lower level offers 2 beds/2 baths, a bonus room, 2nd fireplace,2nd laundry & a 2nd kitchen—perfect for an in-law suite or many other uses. Attached 2-car garage + detached 2-car garage. This is not just a property; it's a lifestyle. Seize the opportunity for this great property!

Last Agent to Sell the Property

Miriam McKinney

Ivester Jackson Blackstream Brokerage Email: miriam@ijbproperties.com License #198954 Listed on: 12/02/2023

Last Buyer's Agent

Jesse Shepherd

Howard Hanna Beverly-Hanks License #289304

Howard Hanna Beverly-Hanks

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2002

Lot Details

  • Cross Fenced
  • Private Lot
  • Level Lot
  • Property is zoned R1

Parking

  • 4 Car Garage
  • Basement Garage

Home Design

  • Farmhouse Style Home
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1.5-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Great Room with Fireplace
  • Bonus Room with Fireplace
  • Finished Basement
  • Interior and Exterior Basement Entry

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet

Laundry

  • Laundry Room
  • Washer Hookup

Outdoor Features

  • In Ground Pool
  • Separate Outdoor Workshop

Schools

  • Tryon Elementary School
  • Polk Middle School
  • Polk High School

Farming

  • Barn
  • Pasture

Horse Facilities and Amenities

  • Equestrian Center
  • Tack Room
  • Trailer Storage
  • Hay Storage

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Power Generator
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number P56-113

Home Details

Home Type

Single Family

Year Built

Built in 2002

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Farmhouse
  • Year Built: 2002
  • Restrictions: No Restrictions,Short Term Rental Allowed
  • Second Living Quarters: Main Level Garage
  • Road Surface Type: Asphalt, Gravel
  • Unit Levels: One and One Half
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 214.74
  • Bedroom Lower: 0
  • Geocode Confidence: High
  • Attribution Contact: miriam@ijbproperties.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Cathedral Ceiling(s), Kitchen Island, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2316
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 483
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 483
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 275
  • Appliances: Dishwasher, Disposal, Electric Cooktop, Microwave, Refrigerator
  • Other Equipment: Generator
  • Above Grade Finished Sq Ft: 2591
  • Has Basement: Basement Garage Door, Exterior Entry, Finished, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1833
  • Fireplace Features: Bonus Room, Great Room
  • Living Area: 4424
  • Bedroom Main: 1
  • Bedroom Basement: 2
  • Bedroom Third: 0

Exterior Features

  • Exterior Features: In Ground Pool
  • New Construction: No
  • Roof: Composition
  • Construction Type: Site Built
  • Fencing: Cross Fenced, Fenced
  • Construction Type: Brick Full
  • Other Structures: Barn(s), Workshop

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Spaces: 4
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage, Detached Garage

Utilities

  • Heating: Electric, Forced Air, Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: Lower Level, Main Level, Washer Hookup
  • Cooling: Ceiling Fan(s), Heat Pump
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Polk
  • HOA Subject To: None

Lot Info

  • Lot Features: Level, Private, Rolling Slope, Views
  • Lot Size Units: Acres
  • Parcel Number: P56-113
  • Zoning: R-1
  • Horse Amenities: Barn, Boarding Facilities, Equestrian Facilities, Hay Storage, Horses Allowed, Pasture, Tack Room, Trailer Storage
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R1

MLS Schools

  • Elementary School: Tryon
  • High School: Polk

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2023
Closed on
May 23, 2024
Sold by
Fahnley Joel A and Fahnley Kim B
Bought by
Webb Jack and Webb Jessica
Seller's Agent
Miriam McKinney
Ivester Jackson Blackstream
Buyer's Agent
Jesse Shepherd
Howard Hanna Beverly-Hanks
List Price
$925,000
Sold Price
$950,000
Premium/Discount to List
$25,000
2.7%
Views
157
Current Estimated Value
$1,046,810

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,810
Avg. Annual Appreciation
6.06%
Original Mortgage
$617,625
Outstanding Balance
$609,321
Interest Rate
7.1%
Mortgage Type
VA
Estimated Equity
$437,489

Purchase Details

Closed on
May 17, 2008
Sold by
Wells Robert M and Wells Carol W
Bought by
Fahnley Joel A and Fahnley Kim B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
5.84%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Webb Jack $950,000 None Listed On Document
Fahnley Joel A $455,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Webb Jack $617,625
Previous Owner Fahnley Joel A $390,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2024 05/31/24 Sold $950,000 +2.7% $215 / Sq Ft
12/06/2023 12/06/23 For Sale $925,000 -- $209 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,140 $1,006,999 $120,036 $886,963
2024 $3,188 $498,328 $65,560 $432,768
2023 $3,188 $498,328 $65,560 $432,768
2022 $2,943 $498,328 $65,560 $432,768
2021 $2,974 $498,328 $65,560 $432,768
2020 $2,533 $396,109 $52,448 $343,661
2019 $2,637 $412,627 $52,448 $360,179
2018 $2,555 $412,627 $52,448 $360,179
2017 $2,493 $433,528 $46,392 $387,136
2016 $2,615 $433,528 $46,392 $387,136
2015 $2,509 $0 $0 $0
2014 $2,509 $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4067364

Canopy MLS (Canopy Realtor® Association)

APN: P56-113